Cabral Gold Inc

Primary Ticker: CBR OTC: CBGZF
Stage of Development: Development
Primary Minerals: Gold
Country / Region: Canada
Market Cap $300M
Project Locations: Brazil
Website: Cabral Gold Inc

Company Profile:
Key asset: Cuiu Cuiu gold district, Brazil. Located immediately NW of GMining’s Tocantinzinho gold mine. Six gold deposits and 50 peripheral targets have been identified to date. Recent drill results include 9.5m @ 87.4 g/t gold. Six drill rigs currently turning. Indicated and Inferred resources; 1.2Moz, with update planned for end 2026. Two stage development plan. Phase 1 under construction now (85% complete); initial 3000t/d heap leach mine with commercial production in Q4 2026. PFS study (Ausenco) July 2025 assumed $2500/oz gold price resulting in a post tax IRR of 78% and an AISC cost of $1200 per oz.

Management Profile:
Alan Carter, President & CEO. B.Sc. in Geology, Ph.D. degree in gold geochemistry and structural geology, +35 years experience in mining industry, 13 years with Rio Tinto, Billiton and BHP including 10 years in Peru, Argentina, Ecuador and Bolivia. Co-founder of Peregrine Metals (sold to Stillwater Mining in 2011 for $450M). Dr. Carter has been directly involved in the grass roots discovery of 5 gold deposits, four of which are located in Brazil, including the Tocantinzinho gold mine which produced 177,000oz in 2025. Has personally invested $2M cash in Cabral to date. Currently a director and Chairman of Altamira Gold Corp.

What are your key goals for the next 3 months?:
Complete commissioning of Phase 1 mine Continue drilling with 6 rigs Extend high grade zone at Jerimum Cima which recently (March 2026) returned 9.5m @ 87.4 g/t gold Continue resource modelling work of 6 gold deposits at Cuiu Cuiu

What are your key goals for the next 6 months?:
Achieve commercial gold production for Phase 1 mine Update global resource estimate for district

What are your key goals for the next 12 months?:
Commence expansion of Phase 1 mining operation Commence PEA on Phase 2 mining operation for hard rock resources Discover one additional gold deposit at Cuiu Cuiu

What do you think makes your company such a compelling investment?:
CEO is a significant shareholder having invested $2M cash Cuiu Cuiu is a district scale opportunity currently comprising 6 gold deposits and 50 peripheral targets Located adjacent to and NW of GMining's Tocantinzinho mine Existing resource of 1.2Moz Indicated and Inferred - last updated 2022. New updated resource expected by end 2026 6 drill rigs currently turning. Recent exploration drill results include 9.5m @ 87.4 g/t gold Phase 1 mine (3000t/d) under construction with commercial gold production expected Q4 2026